KONE to Publish its 2002 Financial Statement on Friday, 31 January, 2003 at 9:00 a.m. Finnish Time and Hold a Meeting for Analysts and The Press as well as a Telephone Conference for Analysts and Investors at 2:00 p.m.

KONE Corporation will publish its 2002 Financial Statement on Friday, 31 January, 2003 at 9:00 a.m. Finnish time. The Financial Statement will be available on the company website at www.kone.com after publishing.

A meeting for the press and analysts will be held on 31 January, 2003 at 2:00 p.m. Finnish time at KONE Building, address Keilasatama 3, Espoo.

A telephone conference for analysts and investors, conducted in English, will begin at 2:00 p.m. Finnish time. Callers may access the conference directly at tel: +358 800 176 476. The conference can be followed on the company website www.kone.com. An audio recording of the conference will be available on the company website later on January 31.

KONE Corporation

Aimo Rajahalme
Executive Vice President,
Finance

Outi-Maria Liedes
Senior Vice President,
Corporate Communications & IR

To facilitate the establishment of telephone connections, participants are asked to place their calls in the following alphabetical order based on the initial letter of the company name:
- at 1.50 p.m. Finnish time A-G
- at 1.55 p.m. Finnish time H-N
- at 2.00 p.m. Finnish time O-Z/Ö

Further information:
Corporate Communications
Tel. +358 204 75 4502 Paul Lönnfors
Tel. +358 204 75 4346 Leena Kaarento-Kiuru
e-mail: corporate.communications@kone.com
www.kone.com